Solar Future Beckons -Liberia Inks Deal for 23.75MWp Solar Plant

MONROVA – Liberia is making significant strides in its quest for energy self-sufficiency with the signing of a landmark agreement for the construction of a 23.75 megawatt-peak solar power plant. The project, set to be located at the LEC Shefflin site in Margibi County, will not only increase electricity generation capacity but also promote energy independence and sustainability. With a completion timeline of 64 weeks, officials say this initiative is a crucial step towards achieving Liberia’s ambitious goal of 75% electricity access by 2030. The Analyst reports.

The Liberian Government, through the Liberia Electricity Corporation (LEC), has signed a landmark agreement with renewable energy leader Scatec for the construction of a 23.75 megawatt-peak (MWp) solar power plant.

The project, which includes 10 megawatt-hours (MWh) of battery storage, will be located at the LEC Shefflin site in Margibi County and is slated for completion within 64 weeks.

The agreement was formalized on Wednesday, October 14, 2025, at the headquarters of the International Finance Corporation (IFC), the World Bank’s private sector arm, on the sidelines of the World Bank and IMF annual meetings.

The signing ceremony was attended by key stakeholders from the IFC, the Government of Liberia, and Scatec.

This solar facility is a critical intervention for a nation working to overcome severe energy poverty.

According to World Bank data, only about 30% of Liberia’s population has access to electricity, a figure that plummets to just 6% in rural areas.

The project is a cornerstone of the government’s ambitious ‘Mission 300’ initiative, supported by the IFC, which aims to deliver 300,000 new electricity connections to Liberian homes and businesses.

Minister Ngafuan expressed the Government’s deep appreciation to the partners who made the project possible.

“On behalf of His Excellency President Joseph Nyuma Boakai, Sr., and the Government and people of Liberia, I extend heartfelt thanks to Scatec, the LEC, the IFC, and the sector lead—the Ministry of Mines and Energy—for working collaboratively to make this milestone possible.”

He emphasized the strategic role of energy in Liberia’s national development, particularly under the Agenda for Accelerated Inclusive Development (AAID), and reaffirmed the Government’s commitment to achieving 75% electricity access by 2030, as outlined in the Liberia Energy Compact.

LEC Managing Director Mr. Mohammed M. Sherif described the agreement as a defining moment in Liberia’s energy journey.

“Today’s signing represents far more than a commercial transaction; it is a defining step in Liberia’s pursuit of energy sovereignty—a future where our nation generates, manages, and sustains its own power with resilience and dignity.”

Hans Olav Kvalvaag, CEO of Scatec, reaffirmed the company’s commitment to supporting Liberia’s energy development goals.

“Today marks a very important step for Liberia’s energy sector,” he said. “This milestone shows a strong commitment to advancing clean and reliable energy solutions for the country. I’m very pleased to support this process. We remain committed to more private sector initiatives in Liberia’s energy future.”

Also present at the signing were Hon. Wilmot J.M. Paye, Minister of Mines and Energy, Hon. Roland Lafayette Giddings, Minister of Public Works, and Hon. Nyekeh Forkpa, Deputy Minister of Education.

Landmark solar and battery storage project also marks a pivotal moment in Liberia’s drive to expand electricity access, promote energy independence, and attract private investment to build a cleaner, more reliable, and sustainable energy future.